Electronic trading

Sefs not expecting a big bang from Mat spark

As the Sef trading mandate arrives, platforms are primed for a jump in volumes – but with many clients currently avoiding Sefs, it may be a small bang, rather than a big one. Tom Osborn reports

Paulhac leaves CME Group

CME’s head of OTC products and services is expected to take up a senior position at Icap at critical juncture for electronic swaps trading

Too much power: Sefs warn on 'available to trade' rules

Final execution rules in the US have given swap execution facilities the power to determine what products they will be allowed to trade. The entire industry appears to agree this is a terrible idea – including the trading venues themselves. Peter Madigan…